AxeTrading, the fixed income trading software company, today announced that it has demonstrated the integration of ICE’s leading pricing, analytics and market data into the AxeTrader Quoting and Execution Management System (QEMS). Users of the AxeTrader QEMS will be able to access ICE’s pricing and analytics tools, including end-of-day evaluated pricing, continuous fixed income evaluated pricing, best execution services and ICE Liquidity Indicators™.

As the electronification of fixed income markets continues to accelerate, traders and other investment professionals are demanding solutions that help them make more informed and efficient decisions. The AxeTrader QEMS provides dealer-grade pricing through a user configurable quoting engine, manages RFQs, executes orders and helps achieve best execution across multiple execution platforms and trading venues. The addition of ICE’s pricing and analytics tools deepens the resources available to AxeTrading customers.

ICE’s high-quality pricing and analytics data offers an expansive set of tools that can be used throughout the investment process and help to support customers in their assessment of regulatory compliance requirements. ICE calculates and publishes independent evaluations for 2.8 million fixed income securities and provides continuous evaluated pricing throughout the trading day through its Continuous Evaluated Pricing service. ICE Liquidity Indicators can help in quantifying security and portfolio liquidity across fixed income and equity asset classes, while ICE’s Best Execution Service can help customers manage and measure bond trade execution quality and support them with their assessment of regulatory compliance. ICE’s fixed income and data offering is part of Intercontinental Exchange (NYSE: ICE), a leading global provider of data, technology, and market infrastructure.

Stephen Baker, Global Head of Sales of Fixed Income and Data Services at ICE, said, “Our pricing, analytics and market data supports mission-critical trading processes throughout the lifecycle of an investment and helps users make more informed decisions. AxeTrader’s flexible and innovative trading solutions continue to provide users with an optimized and intuitive workflow that allows them to take advantage of high-quality data, trade more efficiently, and help to meet various regulatory compliance requirements.”

Ralf Henke, CEO and Co-Founder of AxeTrading, said, “Working with ICE we will be able to expand our clients’ access to truly market leading trading workflows and analytics. AxeTrading is part of a new generation of technology providers whose ethos and business is built around openness, flexibility, and interoperability. Traders benefit from their choice of connectivity to the broadest ecosystem of best-in-class pricing and analytics data, taking them beyond the legacy technology providers with their limited ‘walled gardens’.”

“Data-driven, automated trading strategies are clearly demonstrated to improve trading efficiency and accuracy. In fixed income trading this is further strengthened by a buy-side firm’s ability to act as both price-maker and price-taker as the situation demands. Having quality, timely data embedded in the workflow is key to being able to do so.” commented Mark Watters, CCO and Co-Founder of AxeTrading.

Partnership means merchants across a wide range of sectors can easily deploy innovative PoS directly on their mobile device to start accepting payments immediately and on the go

Phos, the fintech behind the first-ever software-only Point of Sale (SoftPoS), and JCC Payment Systems, Cyprus’ leading payment service provider, have announced a partnership in which phos’ SoftPoS technology will power JCC’s dynamic new payments app for retail merchants. 

The new app will provide merchants with access to an easily deployed, innovative payments solution directly on their Android mobile device, at a time when card acceptance is becoming a legal requirement across Cyprus. This partnership is the first of its kind to make such a technology available in the country. 

At a time when social distancing measures are prevalent and amid heightened safety and hygiene concerns, there is a need to address the increased need for contactless and cashless transactions, especially for micro to medium sized merchants. However, historically PoS solutions have required additional hardware or came with need-limitations related to small businesses on the go.

JCC will leverage the SoftPoS solution to strengthen its current base and extend its reach to the entire retailer community – focusing mainly on the small and micro businesses that are still only taking cash – helping them enhance their digital payment acceptance with a solution that can be installed and implemented rapidly with no need for additional hardware. 

The new solution is Android agnostic and works across a number of devices, as well as being cheaper and simpler to use than alternative systems. Merchants can quickly sign up and easily deploy the SoftPoS solution to immediately start accepting contactless card payments and meet the requirements of the new mandate at the same time. JCC has adopted the cutting edge phos technology, safe in the knowledge that the solution offers all critical aspects of payment protection and security. 

Data from phos shows that more than 33 million businesses across Europe are still reliant on cash, with barriers and concerns including hidden costs, hardware requirements and security issues. The SoftPoS solution can provide a safe and sustainable alternative to cash and allow merchants to digitalise effectively, offer more payment options to their customers and ultimately grow their businesses.

Upon registering, and once accepted, merchants can download the JCC SoftPoS app from the Google Play store and enable all of their Android devices to accept payments from contactless cards or other NFC-enabled devices such as smartphones, smartwatches or wristbands. 

Nicodemos Damianou, CEO of JCC Payment Systems, said: “We needed to find a solution that could work for our micro to medium sized business customers. Partnering with phos gives our merchants access to an innovative payment platform without requiring any investment or new hardware, and its speed and proposition is like nothing else in the market. It is clear that we are two teams with a common strategy of making digital payments more accessible to both merchants and their customers.”  

Brad Hyett, CEO of phos, added: “Our partnership with JCC means that its customers can transform their businesses rapidly and with no penalties for digitising that might have formerly held them back, such as additional costs or lengthy set up or settlement periods. At a time when retailers need to be adapting to changing environments, being able to deploy new services is critical to customer retention. With JCC’s reach, and our technology, Cypriot merchants will be able to quickly offer their audiences a variety of ways to pay, protecting revenue while enhancing the buying experience.”

Partnership means merchants across a wide range of sectors can easily deploy innovative PoS directly on their mobile device to start accepting payments immediately and on the go

LONDON, United Kingdom and NICOSIA, Cyprus, 5 October, 2021: Phos, the fintech behind the first-ever software-only Point of Sale (SoftPoS), and JCC Payment Systems, Cyprus’ leading payment service provider, have announced a partnership in which phos’ SoftPoS technology will power JCC’s dynamic new payments app for retail merchants. 

The new app will provide merchants with access to an easily deployed, innovative payments solution directly on their Android mobile device, at a time when card acceptance is becoming a legal requirement across Cyprus. This partnership is the first of its kind to make such a technology available in the country. 

At a time when social distancing measures are prevalent and amid heightened safety and hygiene concerns, there is a need to address the increased need for contactless and cashless transactions, especially for micro to medium sized merchants. However, historically PoS solutions have required additional hardware or came with need-limitations related to small businesses on the go.

JCC will leverage the SoftPoS solution to strengthen its current base and extend its reach to the entire retailer community – focusing mainly on the small and micro businesses that are still only taking cash – helping them enhance their digital payment acceptance with a solution that can be installed and implemented rapidly with no need for additional hardware. 

The new solution is Android agnostic and works across a number of devices, as well as being cheaper and simpler to use than alternative systems. Merchants can quickly sign up and easily deploy the SoftPoS solution to immediately start accepting contactless card payments and meet the requirements of the new mandate at the same time. JCC has adopted the cutting edge phos technology, safe in the knowledge that the solution offers all critical aspects of payment protection and security. 

Data from phos shows that more than 33 million businesses across Europe are still reliant on cash, with barriers and concerns including hidden costs, hardware requirements and security issues. The SoftPoS solution can provide a safe and sustainable alternative to cash and allow merchants to digitalise effectively, offer more payment options to their customers and ultimately grow their businesses.

Upon registering, and once accepted, merchants can download the JCC SoftPoS app from the Google Play store and enable all of their Android devices to accept payments from contactless cards or other NFC-enabled devices such as smartphones, smartwatches or wristbands. 

Nicodemos Damianou, CEO of JCC Payment Systems, said: “We needed to find a solution that could work for our micro to medium sized business customers. Partnering with phos gives our merchants access to an innovative payment platform without requiring any investment or new hardware, and its speed and proposition is like nothing else in the market. It is clear that we are two teams with a common strategy of making digital payments more accessible to both merchants and their customers.”  

Brad Hyett, CEO of phos, added: “Our partnership with JCC means that its customers can transform their businesses rapidly and with no penalties for digitising that might have formerly held them back, such as additional costs or lengthy set up or settlement periods. At a time when retailers need to be adapting to changing environments, being able to deploy new services is critical to customer retention. With JCC’s reach, and our technology, Cypriot merchants will be able to quickly offer their audiences a variety of ways to pay, protecting revenue while enhancing the buying experience.”

Overbond buy-side clients now have access to pre-trade and post-trade fixed-income TCA to achieve best execution and workflow automation

Overbond, a provider of AI analytics and trade automation for the global fixed income markets, announced today the addition of real-time pre-trade and post-trade transaction cost analysis (TCA) to its execution management system (EMS) automation suite of AI fixed income trading tools. This new Overbond TCA draws on the unmatched data aggregation, exceptional API interoperability and industry-leading refresh rate that Overbond clients have come to rely upon.

Overbond COBI-Pricing LIVE is one of the few trading suites that features a multi-source data input and the only fixed income analytics suite that allows for cross-venue, cross-trading-protocol liquidity discovery and optimisation.  The full interoperability of COBI-Pricing LIVE via bilateral REST APIs allows AI algorithms to ingest, aggregate and process data from live and historical vendor feeds, internal historical records of executed trades, post-trade volume and liquidity data and voice/chat OTC transactions translation data. Overbond AI achieves an industry-leading refresh rate using cloud computing and parallelization.

Harnessing Overbond interoperability with the internal order management systems (OMS) and client databases of the trading desk, the TCA looks back through OMS records and blotters from past transactions for similar bonds (ISIN/CUSIP), looking at multiple variables including risk, liquidity, size, counterparty, RFQ competitiveness and dealer quotes and inventories. Overbond AI aggregates the data, determines best executable pricing and liquidity and powers TCA pre-trade LIVE recommendations and post-trade reports.

“TCA has traditionally been a post-trade exercise, but Overbond has brought it to pre-trade LIVE. Overbond AI refreshes the entire TCA look-back every two seconds for client books that can have tens of thousands of trades, so traders can be confident that they have the most complete real-time information available on best-executable pricing, liquidity risk and transaction cost, and can smart order route in the price-size chunks necessary. No other TCA tool available combines the breadth of data aggregation, API interoperability and speed like Overbond AI,” said Vuk Magdelinic, CEO of Overbond.

Acquisition is the fourth recent investment by Sage into cloud-based fintech companies targeting the SMB market

Sage, the market leader for cloud business management solutions, has acquired GoProposal, a UK-based provider of proposal management software for small and mid-sized accountancy firms. This acquisition – the fourth fintech investment by Sage in the last 12 months – reflects Sage’s commitment to delivering ongoing innovation to its accounting partners, as cloud technologies continue to drive real benefits for accountants in practice. 

Founded in 2016, GoProposal is dedicated to helping accounting and bookkeeping businesses in the UK, US, Canada and Australia grow more profitably by providing a complete client onboarding system, focused on automated pricing, proposal, and engagement letter solutions. This acquisition will further strengthen Sage’s position in the UK accountant space, with the GoProposal team joining Sage’s global accountants team based in Manchester, UK.

The acquisition makes Sage one of the few UK cloud technology vendors able to support accountants with direct end-to-end customer proposal management capabilities. It comes as UK accountants prepare their small business clients for the forthcoming Making Tax Digital for VAT and Income Tax and Self-Assessment deadlines, ensuring they are best positioned to support their clients, as the UK government works to simplify tax administration.

“We are focused on helping small and mid-sized businesses (SMBs) emerge more productive and profitable than ever from the challenging macro environment of the past 18 months.” said Derk Bleeker, Chief Strategy and Development Officer at Sage: “Accountancy practices play a vital role in helping SMBs to thrive – and by supporting them to digitise their practices, Sage can play a vital role in enabling them to focus on providing their SMB customers with great service and advice and to help them capitalise on the emerging opportunities as the world emerges from the global pandemic. This acquisition demonstrates Sage’s commitment to supporting accountancy practices through this digitalisation journey, so they can operate efficiently and profitably.”

James Ashford, Founder, GoProposal said; “Our mission from the start has been to help accounting businesses develop robust, profitable, and impactful practices. Because if they can do it for themselves, they can do it for their clients, and this starts with controlling the price and scope of the work. Sage shares our vision of supporting accountants with end-to-end practice management capability. I believe together we can become the driving force behind the backbone of the UK economy…. the accounting industry.”

GoProposal by Sage will be available to customers on a standalone basis and as a product within the Sage portfolio.

After successful editions across the globe, the World Cloud Show concluded yet another victorious edition in Jakarta, where experts addressed critical challenges, the latest trends, and strategies to power Indonesia with cloud and data-driven services.

Supported by Jakarta Smart City, the 11th global edition of World Cloud Show - Jakarta concluded on 14 September 2021 with over 200 C-suite tech decision-makers tuning in from across Indonesia to navigate the push for cloud and digital transformation in the region.

An image from one of World Cloud Show's panel discussions streamed live on 14 September 2021

The show virtually brought together the region's key players in the cloud and data ecosystem, including government officials, leading cloud solution providers and executives from significant think tanks.

The event addressed prominent issues in the Cloud ecosystem such as Multi-Cloud adoption and modernizing information architecture; Neoteric Frontiers in Cloud and Edge Computing; Data Centers and Clouds in the digital era; Essentials for effective Data storage and management; Latest Cyber Security technologies to safeguard Cloud infrastructure transformation; Legal framework and strategies for the Cloud deployment in Indonesia, and; How to strengthen core Data strategies and digital infrastructures within their organizations, among others.

The show featured a groundbreaking collaboration of experts such as:
- Juan Intan Kanggrawan, Head of Data Analytics, Jakarta Smart City
- Sonny Supriyadia, SVP, Head, Pricing and Data Analytics, Maybank Indonesia
- Ms Lim May-an, Executive Director, Asia Cloud Computing Association
- Setiaji, Head of Department at ICT - Digital Services, Jakarta Provincial Government
- Sijukumar Kumaran, Director, Data Intelligence Services, Alibaba Cloud
- Arief Pribadi, Technical Director, Nutanix
- Siddharth Pandey, Cloud Solution Architect, Alibaba Cloud Indonesia
- Andri Agustinus, Director, Solution Architect, APAC OutSystems
- Tio Bagio, Senior Solutions Engineer, HashiCorp
- Georgios Damaskinos, Machine Learning Engineer, Facebook

Ms. Lim May-ann, Executive Director at Asia Cloud Computing Association discussed at length on topic 'Reshaping data infrastructure for Asia and the world'. She stated, "Indonesia is in a strong position when it comes to cloud adoption since it has a large population of young people who are eager to embrace cloud technologies, which will entice investors and entrepreneurs to invest more in this industry."

While speaking about 'Transformative effects of IoT, Blockchain and Artificial Intelligence on Cloud Computing: evolution, vision, trends and open challenges', Dr Satyam Priyadarshy, Managing Director - IC and Technology Fellow and Chief Data Scientist, Halliburton, mentioned, "Every industry, irrespective of sector, needs to leverage emerging technology like the cloud computing paradigm and need for transformation at an accelerated pace to be a resilient and sustainable business."

Sijukumar Kumaran, Director, Data Intelligence Services at Alibaba Cloud, while delivering a keynote on 'Alibaba Cloud Data Intelligence Ecosystem - empowers enterprise data-driven transformations', mentioned, "The core value of Alibaba Cloud is to keep up with the evolutionary trend of enterprise digitalization enterprise. We bring cloud-native, serverless, fully managed Big Data & Artificial Intelligence platform."

A highly engaging keynote was delivered by Arief Pribadi, Technical Director at Nutanix Indonesia on 'The customer journey to multi-cloud', where he mentioned, "By applying cloud technology, organizations must have the ability to change and transform their people, process and not just technology."

Muadz Abdurrohman, Country Manager at Cloud Comrad and Tio Bagio, Senior Solutions Engineer at Hashicorp discussed at length the topic 'Thriving in an era of multi-cloud'. Tio stated that, "Hashicorp is working on new applications that will serve as the primary interface for communicating with clients and prospects. That is why we name them engagement systems because they must deliver these qualities fast and scalable. These applications are well suited for the cloud because they must scale up and distribute across multiple geographic areas."

"Virtual events offer everybody in the industry an excellent opportunity to meet during these difficult times. Cloud solutions & strategies are an affordable and intelligent necessity of the hour," says Mithun Shetty, CEO of Trescon.

The show was hosted on the virtual events platform Vmeets which helped the participants to network and conduct business in an interactive and immersive virtual environment. Participants were also able to engage with speakers in Q&A sessions and network with solution providers in virtual exhibition booths, private consultation rooms and private networking rooms.

World Cloud Show - Jakarta was officially sponsored by Lead Sponsor - Alibaba Cloud; Platinum Sponsor - Nutanix; Gold Sponsor - Outsystems and Cloud Comrade | HashiCorp; Bronze Sponsor - Wherscape, Epsilon.

 ClearBank, the cloud-based clearing bank, announces the launch of a new multi-currency solution which will reduce friction for fintechs and financial institutions who offer cross-border payments and FX capabilities.

ClearBank’s API-driven technology and Banking-as-a-Service (BaaS) capabilities have already created seamless payment solutions in Sterling, for use in partnerships with the Department for Work and Pensions and PayPoint, Tide and other multi-national brands, so the expansion into multi-currency and FX is a natural and pertinent progression for the clearing bank.

VertoFX, a B2B currency exchange marketplace and payments platform, is the first to use ClearBank’s multi-currency product.

The new multi-currency offering allows users to transact internationally at a reduced cost and with the greatest ease, connecting UK and European SMEs with a multi-currency bank account and user-friendly FX solutions. The technology can be integrated into platforms that currently have a multi-currency offering, to enhance the service and better serve customers.

In response to a post-pandemic period of increased e-commerce, cryptocurrency use, remittances and international travel, the demand for multi-currency capabilities has skyrocketed and fintechs have felt the pressure to offer such capabilities to their customers. As a result, ClearBank has created their API-driven solution to improve customer experience, simplify operations and give fintechs greater control and visibility over the systems.

An additional driving force behind ClearBank’s decision to develop the multi-currency offering was the monopoly among providers that existed in the market, resulting in a lack of choice for fintechs wanting to enable their customers to transact internationally with ease. In addition, ClearBank’s offering addresses some common issues with incumbent multi-currency offerings, such as high costs, slow back-office and front-end technology and processes, difficulty in implementation and scalability, poor customer experience and difficulty in navigating slow interfaces and payment processes.

“We’re delighted to be beginning our journey towards ensuring seamless cross-border payment solutions and to have VertoFX as our first multi-currency customer,” says Charles McManus, CEO at ClearBank. “Our contribution to the payments landscape in Sterling has already been incredibly positive and influential, and we’re confident our new, multi-currency offering can continue this notion and meet the demands of the next generation of consumers and businesses and simplify FX.”

“Fintechs and other financial institutions have traditionally faced too many barriers to entry when it comes to offering multi-currency capabilities, with high initial costs and transaction fees being the most impactful. Today, we are proud to announce a fairer way for businesses to enable cross-border transactions."  

“Over the past year, we have successfully offered our customers Sterling accounts through our partnership with ClearBank and are glad to once again partner with them to launch full-fledged multi-currency accounts to help power the global ambitions of our customers,” says Ola Oyetayo, Co-Founder and CEO VertoFX.

Providing a level playing field for small and medium-sized travel operators with access to broader travel distribution solutions

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, and Nordic NDC ApS (Nordic NDC), a travel technology solutions company, are pleased to announce a strategic alliance that will improve the ability of small to medium-sized travel companies to offer airlines tickets to their customers. The partnership focuses on the Nordic countries as well as the Baltic states.

The strategic agreement between Worldline and Nordic NDC will cater to the needs of small and medium-sized travel operators that wish to increase their presence in the Nordic region. As part of the partnership, Nordic NDC and their partner AARON GROUP will provide the world leading multi-source booking tool “Symphony” and the data integration hub "Atlas" that travel agencies will use. In combination with Worldline’s comprehensive payment solutions and PSaaS (Payment System as A Service), it is now possible for agencies to benefit from new online booking technology. The joint solution will enable public online booking tools to be utilised by the Nordic and Baltic travel professionals.   

By joining forces, Worldline and Nordic NDC will be able to accelerate their growth in markets with enormous potential across Northern Europe, including Denmark, Norway, Sweden, Finland and Iceland as well as Estonia, Latvia, Lithuania. These are typically very mature markets with high IT literacy and high spending habits. However, global actors in the travel industry typically prioritise perceived large markets such as Central Europe, USA, Far East and as a result, the Nordic region has been overlooked.

The partnership will allow Worldline to increase its presence in the Nordic area in terms of acquiring and gateway solutions. The payment service benefits customers but also a whole new range of travel businesses, thanks to its flexibility provided by Worldline’s payment solutions. The bundle solution will facilitate an omnichannel process, which will dramatically help customer engagement as well as customer retention.

The Nordic region was traditionally served by a limited number of players who dominated the market for customers seeking to book airline tickets. The new technology provided by Nordic NDC and AARON GROUP makes it possible to provide access to all distribution sources available to travel agencies when making airline bookings. Small and medium-sized travel agencies are now able to provide their customers with comprehensive airline and ticketing information, including those from GDS, Low-Cost Carriers (LCC) and from NDC.

Commenting on the partnership, Peter Skieller, CEO and co-founder at Nordic NDC ApS, said:

“We are very excited to be embarking on this new partnership. We see this as a break into a market that has been dominated by established participants. With this new solution, Worldline, AARON GROUP and Nordic NDC will be able to deliver something truly innovative to the whole travel sector.

“The agreement will be a step-change for travel professionals that wish to make their operations more efficient and profitable whilst improving the service to their customers. Those agencies will be able to enlarge their offering to include airline tickets and hotel bookings they were not able to include before. With access to more and better airfares, lower distribution and handling costs this will quickly increase the revenue and income in the agencies. This is a gamechanger that will allow these agencies to compete with the big players or directly with the airline sites.”

Chris Lanckbeen, Head of Travel & Hospitality at Worldline, added: “At Worldline, we are proud to develop our relationship with innovative companies and Nordic NDC is a perfect example of such technologically-oriented businesses. The Nordic region is a market that tends to be a little overlooked and we are happy that this partnership will allow us to increase our presence in the area.

In addition to our payment expertise, our WhatsApp Business solution will enable the distribution and provision of WhatsApp Business API, allowing travel agents to send tickets via WhatsApp.”

The payment service is available and live right now. Prior to the Covid-19 pandemic, consumers tended to book the cheapest tickets on OTAs. Both corporate and independent travellers are now more cautious as cheap tickets may not be refunded and hence consumers are looking for more security and the ability to interact with a person should a problem arise. Therefore, with a growing desire for personal interaction and service, the role of the local travel agency will be strengthened.

Digital asset software and infrastructure provider appoints APAC Managing Director, strengthening support to institutional partners in the region
METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, today announces the launch of its Asia Pacific headquarters in Singapore, with a strong team managed by newly appointed Managing Director APAC, Patrick Enjalbal.

With demand accelerating for institutional-grade digital asset custody and trading infrastructure, the opening of the Singapore office and expanded APAC headcount demonstrates METACO’s commitment to offering best-in-class services to existing and future customers in the region, allowing the company to continue enabling banks and other institutions to safely enter the crypto economy through Harmonize, its digital asset orchestration system.

METACO has appointed Patrick Enjalbal, a former Director at Singapore-based financial technology consultancy, Luxoft, as its Managing Director APAC. Patrick brings over two decades of experience advising and managing the successful deployment of institutional-grade financial technology solutions in APAC and beyond. Martin Frick has also joined as Senior Sales Advisor. Frick was previously the Managing Director of Temenos APAC, where he led operations for the banking software provider across the region. In addition to leadership appointments, APAC headcount in business development and operations has increased significantly, with further expansion expected in the coming months. 

Andre Israel, COO at METACO, commented, “We are proud to announce the launch of our Singapore office and the appointment of Patrick Enjalbal as Managing Director APAC, ably assisted by Martin Frick. METACO continues to grow at a significant pace, and this expansion will enable us to cater to high levels of demand in the region, as well as continue offering best-in-class services to our existing APAC customers and partners.”

METACO enables institutions to secure, trade, and manage any cryptocurrency or digital asset. As institutions expand their digital asset operations, they often need to work with multiple third-party self-custody vaults, sub-custodians and liquidity providers. This creates institutional challenges in terms of security, and scalability, with a proliferation of access points weakening end-to-end processes. As a digital asset orchestration system, METACO Harmonize provides the unifying governance solution to manage this complexity and mitigate the risks for institutional digital asset managers in working with various partner solutions.

Patrick Enjalbal, Managing Director APAC at METACO, commented, “I’m thrilled to join the deeply talented team at METACO at such a pivotal time in the growth of the company. Over the coming months, we are looking to scale our operations in APAC to cater to the significant levels of interest that we are seeing from institutional clients in digital asset orchestration, integration and management.”

Alex Manson, Global Head of SC Ventures and Board Member at METACO, commented:

“It is clear that digital assets are here to stay, and furthermore that this particular market will experience extraordinary developments over time. Financial institutions are well placed to capitalize on this market opportunity, and we have already observed increased levels of adoption by banks and wealth managers in APAC. We are pleased to see our strategic partner METACO strengthening their presence in the region, driven exactly by this high demand for best-in-class secure and agile infrastructure for digital asset management.”